Vivaldi Merger Arbitrage Fund Quote
| VARAX Fund | USD 10.92 0.01 0.09% |
Performance17 of 100
| Odds Of DistressLess than 16
|
Vivaldi Merger is trading at 10.92 as of the 22nd of November 2024; that is 0.09 percent up since the beginning of the trading day. The fund's open price was 10.91. Vivaldi Merger has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Vivaldi Merger Arbitrage are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Under normal market conditions, the funds adviser intends to invest in equity securities and derivatives thereof of companies that are involved in a significant corporate event, such as a merger or acquisition. Investments in companies undergoing a merger or acquisition have both risk and return characteristics that are different from the risks of investing in the general stock market. More on Vivaldi Merger Arbitrage
Moving together with Vivaldi Mutual Fund
| 0.94 | FTMAX | Franklin Templeton | PairCorr |
| 0.9 | FDHIX | First Trust Short | PairCorr |
| 0.89 | FDHCX | First Trust Short | PairCorr |
| 0.89 | FDHAX | First Trust Short | PairCorr |
| 0.99 | VARBX | Vivaldi Merger Arbitrage | PairCorr |
Moving against Vivaldi Mutual Fund
Vivaldi Mutual Fund Highlights
| Fund Concentration | First Trust Funds, Large Funds, Event Driven Funds, Event Driven, First Trust, Large, Event Driven (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of February 2023 |
| Fiscal Year End | September |
Vivaldi Merger Arbitrage [VARAX] is traded in USA and was established 22nd of November 2024. Vivaldi Merger is listed under First Trust category by Fama And French industry classification. The fund is listed under Event Driven category and is part of First Trust family. This fund at this time has accumulated 2.33 B in net assets with no minimum investment requirementsVivaldi Merger Arbitrage is currently producing year-to-date (YTD) return of 4.61% with the current yeild of 0.03%, while the total return for the last 3 years was 3.25%.
Check Vivaldi Merger Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Vivaldi Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Vivaldi Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Vivaldi Merger Arbitrage Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Vivaldi Merger Arbitrage Mutual Fund Constituents
| EQT | EQT Corporation | Stock | Energy | |
| ABBV | AbbVie Inc | Stock | Health Care | |
| SCHW | Charles Schwab Corp | Stock | Financials | |
| EV | Mast Global Battery | Etf | Natural Resources | |
| BDX | Becton Dickinson and | Stock | Health Care | |
| MPC | Marathon Petroleum Corp | Stock | Energy | |
| MS | Morgan Stanley | Stock | Financials | |
| AWH | Aspira Womens Health | Stock | Health Care |
Vivaldi Merger Arbitrage Risk Profiles
| Mean Deviation | 0.0458 | |||
| Standard Deviation | 0.063 | |||
| Variance | 0.004 | |||
| Downside Variance | 0.0095 |
Vivaldi Merger Against Markets
Other Information on Investing in Vivaldi Mutual Fund
Vivaldi Merger financial ratios help investors to determine whether Vivaldi Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Vivaldi with respect to the benefits of owning Vivaldi Merger security.
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